Transics investigates strategic options

Following today’s press coverage, Transics and its shareholders announce that the company is investigating strategic options to support its future growth, one of which could be an initial public offering.

Transics’ strategy is to become the European benchmark company in fleet management systems for transport and logistics businesses. To achieve this aim, Transics wishes to drive growth through geographical expansion, on the one hand, and through broadening its product offering, on the other hand. The recent acquisition of the French company Delta Industrie Service fits perfectly within that growth strategy.
The company and its shareholders are advised by ING and Fortis.

Transics NV develops and commercialises on-board computers and fleet management solutions for the transport and logistics sector. With an installed base of over 35,000 on-board computers, Transics is one of the leading European companies in its sector. Headquartered in Ypres (Belgium), Transics has regional offices in the Netherlands, France, Spain and Germany and is also active in eastern Europe and Scandinavia. The company is permanently expanding its European organisation.